Bank Clerk Questions

Rana Pratap Sagar Dam is built on Chambal river in Rajasthan.

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)

Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

How it grows ::

The reciprocal of a negative number is always a negative number. So that the number and its reciprocal multiply to 1. 

All real numbers except 0 have reciprocals.

Why they ask this and what they are looking for:

This question "What areas would you like to further develop professionally?" will uncover whether you are interested and knowledgeable about your own development and as such will can be a cloaked attempt to discover your weaknesses.

A common target of the question is to discover how motivated you are to extend yourself. If you are motivated to learn, then you are probably more motivated to do the job well.

How to answer this:

First show that you are concerned and active about your own development. You can indicate how development has worked for your in the past.

You're right, continued learning and development is important and I continue to work to improve key skills.

Do answer the question, of course, but do not show gaping holes in your skill set and especially those in key areas required in the job. A good trick is to talk about developing your skills in new areas that will be of future benefit to the company.

For example : I am in programming now and love the work, but one day I would like to develop into a management role.

Hope this helps you..!

A voting machine is a machine used to register and tabulate votes.

In the given options, It was invented in 1898 is the false statement as it was actually invented in 1875 with some faults in it.

Enzymes are macromolecular biological catalysts. Enzymes accelerate chemical reactions. The molecules upon which enzymes may act are called substrates and the enzyme converts the substrates into different molecules known as products.

Let p% of 50 is 2

=> p x 50/100 = 2

=> p = 4%

Hence, 2 is 4 percent of 50.

The National Association of Software and Services Companies (Nasscom) appointed Raman Roy (Managing Director of Quatrro Global Services) as its chairman for 2017-2018.

 Rishad Premji (Chief Strategy Officer (CSO), Wipro Limited) has been appointed Vice Chairman. Raman Roy has replaced Mr. CP Gurnani.